BALMORAL, THE STREET, STEEPLE, SOUTHMINSTER, CM0 7RL - £332,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BALMORAL is a very large detached house of 149m², built sometime between 2003 and 2006. It was last sold for £332,500 in January 2015, which was around 8% below the average January 2015 detached price in the Maldon local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

BALMORAL Sold Prices

Land registry data shows two sales for BALMORAL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. One of the two BALMORAL sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 29 JAN	£332,500	£363,361	8% below HPI
2003 16 APR	£279,950	£239,128	17% above HPI

BALMORAL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two BALMORAL sales from April 2003 and January 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is BALMORAL?

BALMORAL is 149m² according to the EPC inspection conducted in June 2010. This puts it in the largest 20% of detached houses in Steeple, based on EPC data. The below chart shows the distribution of detached houses by size in Steeple, and where BALMORAL lies on this distribution: 85% of detached houses are smaller than BALMORAL, and 15% of houses are larger. Note that EPC data is not available for all properties in Steeple.

BALMORAL: Plot and Title Map

BALMORAL sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of BALMORAL, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of BALMORAL). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is BALMORAL?

BALMORAL is located on THE STREET in STEEPLE, in the CM0 postcode district. The below map shows the position of BALMORAL on THE STREET.